Cowen Corporation issued $ 640,000 of 5%, 15-year bonds payable on March 31, 2019. The market interest rate at the date of issuance was 10%, and the bonds pay interest semiannually. Cowen Corporation's year-end is March 31.

Prepare an effective-interest amortization table for the bond through the first three interest payments.

Round amounts to the nearest dollar. Record Cowen Corporation's issuance of the bonds on March 31, 2019, and payment of the first semiannual interest amount and amortization of the bond discount on September 30, 2019. Explanations are not required.